The Bank of Japan’s surprise policy tweak sent US government bonds down sharply, but US Treasury Secretary Janet Yellen probably hasn’t seen anything yet. As the BOJ allows the yen to appreciate at long last, Yellen’s team may soon find itself short of buyers for US Treasuries in Asia and beyond. As Japanese government bond […]Continue Reading
Bangladesh’s trade trajectories are frequently praised because of the phenomenal growth in export profits from the ready-made garments (RMG) sector. In fiscal year 2021-22, export revenues hit a record high of US$52 billion. During the same fiscal, exports of woven garments increased by 33.82% to $19.40 billion, while knitwear garment exports increased by 36.88% year […]Continue Reading
The army has joined forces with Krungthai Bank Plc (KTB) to help resolve the debts of more than 7,000 soldiers who find themselves in dire financial straits.Continue Reading
NEW YORK – The lender of Japan’s December 20 decision to lift the cover on 10-year govt bond yields in order to 0. 5% from 0. 25% appears on the surface like a minor tweak of financial policy. In reality, it’s a hairline split in the biggest dam in world economic markets. Japan may be the world’s number one creditor, […]#@@#@!!Continue Reading
A new document, issued on December 15, announces a bold 13-year plan through 2022-2035 to boost domestic consumption and stop export growth that might achieve the staggering surplus of US$1 trillion at the end of the year. The program is long past due, as economists are actually discussing expanding China’s domestic consumption, specifically private consumers’ demand, […]#@@#@!!Continue Reading
Scott Steele takes on a newly created role serving Asian and European clients, from London.Continue Reading
India’ s domestically-driven economy and Indonesia’ h commodity-led exports should provide some strength despite a more difficult operating environment characterised by higher global inflation, rising rates of interest and liquidity tightening. Elaine Koh, senior director for Asia-Pacific non-bank financial institutions from Fitch Ratings talks about the prospects meant for India and Indonesia’ s finance and leasing sector in the current economic environment.Continue Reading
Singapore-based conglomerate RGE has won two awards in the Corporate Treasurer Honours 2022 for using Sustainability Linked Financial loans (SLLs) to crystalise the group’ s i9000 ESG-related targets.Continue Reading
The finance offers exposure to Southeast Asia-headquartered start-ups via the digital exchange, with commitments starting from $20, 000.Continue Reading
Bangladesh’ h government has skilled a slight rise in budget deficits, particularly considering that 2016. However , according to the Public Money plus Budget Management Function of 2009, the federal government has been successful to keep the deficit from or below 5% of gross household product. Still, the specific budget deficit within fiscal year 2019-20 stood roughly from […]#@@#@!!Continue Reading